第五条 董事会决定公司重大事项，应事先听取党委的意见。 第六条 董事会行使下列职权： （一）召集股东会，并向股东会报告工作； （二）执行股东会的决议； （2025年9月修订稿） 第一条 为了进一步规范上海环境集团股份有限公司（以下简称 公司）董事会的议事方式和决策程序，促使董事和董事会有效地履 行其职责，提高董事会规范运作和科学决策水平，根据《中华人民 共和国公司法》《中华人民共和国证券法》《上市公司治理准则》 《上海证券交易所股票上市规则》（以下简称《股票上市规则》）、 《上海证券交易所上市公司自律监管指引第1号——规范运作》《上 市公司独立董事管理办法》和《上海环境集团股份有限公司章程》 （以下简称《公司章程》）等有关规定，制定本规则。 第二条 本规则对全体董事、董事会秘书、列席董事会会议的高 级管理人员和其他有关人员都具有约束力。 第三条 公司设董事会，董事由股东会选举或者更换，并可在任 期届满前由股东会解除其职务。董事任期3年，任期届满可连选连任。 董事任期从就任之日起计算，至本届董事会任期届满时为止。董事 任期届满未及时改选，在改选出的董事就任前，原董事仍应当依照 法律、行政法规、部门规章和《公司章 ...

Core Viewpoint - Shanghai Environment Group Co., Ltd. has decided to abolish its supervisory board and amend its articles of association accordingly, transferring the supervisory functions to the audit committee of the board of directors [1][2]. Group 1: Abolishment of Supervisory Board - The company will no longer establish a supervisory board, with its powers being transferred to the audit committee of the board of directors [1][2]. - The decision to abolish the supervisory board was made in accordance with the Company Law of the People's Republic of China and relevant regulations [1][2]. - The supervisory board will continue to perform its supervisory duties until the shareholders' meeting votes on the abolishment [1]. Group 2: Amendments to Articles of Association - The articles of association will be revised to reflect the abolishment of the supervisory board and the transfer of its powers to the audit committee [2][3]. - Key amendments include changes to the provisions regarding the company's organizational structure and the rights and obligations of shareholders [2][3]. - The revised articles will become legally binding documents governing the company's operations and relationships among shareholders, directors, and senior management [4][5].

Meeting Information - The company's shareholder meeting is scheduled for September 18, 2025, at 14:00 [1] - The meeting will be held at the conference room on the 9th floor of Building A7, Wanggu Technology Park, 1688 Guoquan North Road, Yangpu District, Shanghai [1] - Voting will be conducted through a combination of on-site and online methods [1] Voting Procedures - The online voting system used will be the Shanghai Stock Exchange's shareholder meeting online voting system [2] - Voting will be available from 9:15 to 15:00 on the day of the meeting [1][2] - Shareholders can vote via the trading system or the internet voting platform [2][3] Attendance and Registration - Shareholders registered by the close of trading on September 12, 2025, are eligible to attend [4] - Registration for the meeting will take place on September 15, 2025, from 9:00 to 16:00 [4] - Proxy representation is allowed, and specific documentation is required for attendance [5] Additional Services - The company will utilize a reminder service to notify shareholders about the meeting and voting [3] - Shareholders will receive notifications via smart SMS to encourage participation [3] Contact Information - The company's securities affairs department can be contacted at 021-55081682 for any inquiries [6]

Core Viewpoint - Qingda Environmental Protection (688501.SH) reported significant growth in its 2025 semi-annual results, indicating strong operational performance and profitability [1] Financial Performance - The company achieved revenue of 1.186 billion yuan, representing a year-on-year increase of 130.76% [1] - The net profit attributable to shareholders reached 108 million yuan, marking a year-on-year growth of 351.78% [1] - The net profit after deducting non-recurring gains and losses was 106 million yuan, reflecting a year-on-year increase of 377.51% [1] - Basic earnings per share stood at 0.88 yuan [1]

Summary of Huanlan Environment Conference Call Company Overview - **Company**: Huanlan Environment - **Date**: August 27, 2025 Key Points Industry and Company Performance - Huanlan Environment optimized its business structure, reducing the scale of sanitation operations, resulting in a net cash flow from operating activities exceeding 1.2 billion yuan, a year-on-year increase of nearly 30% [2][3] - The acquisition of Yuefeng Environmental contributed 60 million yuan in net profit and 200 million yuan in operating cash flow [2][4] - The company reported a significant increase in asset scale by 61.4%, reaching 63.4 billion yuan post-acquisition [3] - Despite a decrease in revenue, net profit increased by 80 million yuan due to proactive business structure optimization [3] Financial Metrics - Capital expenditures decreased to 893 million yuan, continuing a downward trend, while free cash flow turned positive at 338 million yuan [2][3] - The company achieved a stable collection rate of over 99% in the water and energy sectors, with an average collection rate of 81% in waste incineration and 65% in wastewater treatment [2][9] Business Segments - The four major business segments of Huanlan Environment showed steady growth, with the waste treatment segment's heating business revenue increasing by 44 million yuan and heating volume growing over 40% [2][6] - The gross profit margin for the large waste business remained stable at over 42%, with a year-on-year increase of over 3% [15] Dividend Policy - Huanlan Environment announced its first interim dividend, committing to a minimum annual growth of 10% in dividends per share for 2025 and 2026, reflecting improved operational conditions and cash flow [2][7] Strategic Initiatives - The company is formulating its "15th Five-Year" strategy, focusing on ensuring existing business growth and exploring new areas such as waste-to-energy, heating services, and organic waste resource utilization [4][24] - Huanlan Environment plans to enhance management efficiency and reduce costs through integrated management and operational improvements [5][30] Challenges and Responses - The company is addressing the impact of unfavorable economic conditions on accounts receivable management, with ongoing efforts to improve collection rates [9][10] - Huanlan Environment is also preparing for potential adjustments in waste treatment fees, which are expected to be synchronized with wastewater treatment fees in the future [12][29] Future Outlook - The company maintains an optimistic outlook for the second half of 2025, expecting continued growth driven by operational efficiency improvements and strategic acquisitions [32] - Huanlan Environment aims to enhance shareholder returns through increased dividends and strategic growth initiatives while transitioning towards innovative business models [26][25] Additional Considerations - The integration of Yuefeng Environmental is expected to yield significant synergies over the next three years, enhancing profitability [4][24] - The company is actively pursuing partnerships for data center projects and exploring opportunities in international markets [27][26] This summary encapsulates the key insights and strategic directions discussed during the conference call, highlighting Huanlan Environment's performance, financial metrics, and future growth strategies.

格隆汇8月27日丨中原环保(000544.SZ)公布半年度报告，营业收入24.4亿元，同比下降16.30%，归属于 上市公司股东的净利润7.03亿元，同比下降0.09%，归属于上市公司股东的扣除非经常性损益的净利润 6.87亿元，同比增长6.45%。 ...

Group 1 - The core viewpoint of the article is that Conch Venture (0586.HK) reported a slight decline in revenue while achieving growth in profit for the first half of the year [1] Group 2 - For the period ending June 30, the company recorded a revenue of 3.086 billion yuan, representing a year-on-year decrease of 1.55% [1] - The profit for the same period was 1.286 billion yuan, showing a year-on-year increase of 9.33% [1] - Earnings per share were reported at 0.76 yuan, and an interim dividend of 0.1 Hong Kong dollars was declared [1]

Group 1 - The company, LianTai Environmental Protection (603797.SH), reported a total operating revenue of 517 million yuan for the first half of 2025, representing a year-on-year decline of 4.15% [1] - The net profit attributable to shareholders of the parent company was 84.48 million yuan, showing a year-on-year decrease of 22.56% [1] - The basic earnings per share were reported at 0.15 yuan [1]

格隆汇8月27日丨德创环保(603177.SH)发布2025年半年度报告，报告期实现营业收入4.92亿元，同比增 长11.24%；归属上市公司股东的净利润1743.22万元，同比下降14.47%；扣除非经常性损益后的归属于 上市公司股东的净利润1154.98万元，同比下降37.59%；基本每股收益0.08元。 ...

Group 1 - The core viewpoint of the article is that Zhongyuan Environmental Protection has reported a decline in both revenue and net profit for the first half of the year [1] - The company's half-year operating revenue is approximately 2.44 billion yuan, representing a year-on-year decrease of 16.3% [1] - The net profit attributable to shareholders of the listed company is approximately 703.18 million yuan, showing a slight decrease of 0.09% year-on-year [1] Group 2 - Among the top ten circulating shareholders, China Merchants Bank Co., Ltd. - Southern CSI 1000 Exchange-Traded Open-Ended Index Securities Investment Fund is a new circulating shareholder [1]